2011 Fiscal Year Final Research Report
The Effects of M & A on the Market and Technological Competitiveness
Project/Area Number |
22730221
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Research Category |
Grant-in-Aid for Young Scientists (B)
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Allocation Type | Single-year Grants |
Research Field |
Applied economics
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Research Institution | National Institute of Science and Technology Policy |
Principal Investigator |
YAMAUCHI Isamu 文部科学省科学技術政策研究所, 第2研究グループ, 研究員 (40548286)
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Project Period (FY) |
2010 – 2011
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Keywords | 産業組織論 |
Research Abstract |
The purpose of this re search is to analyze the effects of Merger and Acquisition on the firm's market and technological competitiveness. The results show that the merger decreases the firm's capability of developing and using technology due to the decreases in the market share and the complementary asset, though the number of observations in this research is limited and most of them are intended to rationaliz e the existing business. Our results also s uggest that the merger increases the effectiveness of firm's R & D activity.
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